Tech Company Financing Transactions
Druid Funding Round
Druid closed a $30 million Series B financing round on 9/12/2023. Backers included TQ Ventures, Endeavor and GapMinder.
Transaction Overview
Company Name
Announced On
9/12/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue accelerating its international expansion, particularly its footprint in the US market, which already accounts for 60% of the current revenue.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Strada Matei Basarab 13-15 1st floor Sector 3,
Bucharest , 030671
Romania
Bucharest , 030671
Romania
Phone
Website
Email Address
Overview
Founded in 2018 by Liviu Dragan, together with a team of experienced software engineers and business consultants, Druid has proved to be one of the most successful AI-focused startups in CEE. Having gained over 50 enterprise customers in just 6 months, with a full-fledged AI-powered platform proposal and partnerships with the world's best consulting and BPO companies and top technology providers, Druid is on its way to becoming one of the big players in the global conversational AI landscape.
Management Team
Title
Name
Email & Social
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